The amount of paperwork you’ll have to handle when selling your house in California is substantial. In addition to the papers used to list a home, you will also need documents to make an offer, and documents to close the deal. Despite its size, do not worry! You will find it easier to handle one piece of paper at a time. Sell your house in California by getting your ducks in a row!
You will have to complete a lot of paperwork when selling your house in California, but you don’t have to feel overwhelmed. Let’s look at some of the paperwork required to sell a house in California. If you’re considering selling a house, you’ll want to check with an agent or lawyer about what’s required based on its location.
Documents For Listing
CMA Report
An accurate CMA is crucial prior to listing your house. By obtaining a CMA, you can determine what you should be asking for your house based on recent sales in the area.
Listing Contract
Your listing contract will grant your agent the exclusive right to sell your home. Make sure you understand what is included and what is not included in a listing before you agree to it.
A few states require additional items during the listing process along with these documents. Please make sure that all requirements are met so you don’t encounter any costs or fees.
Disclosures
Potential buyers will need to be informed of any defects or problems with the house. You’ll need to provide this information on a disclosure statement. If known items are not disclosed, it can be considered fraud.
Receipts and Repair History
You will be able to tell your buyers when and how things were done. In addition to asking who performed the work, what services were provided, and what guarantees are offered, they will also want to know how and why it was done. All of your home repair documents should be kept in one place so everything is readily available.
Preliminary Title Report
The title ensures that the property is yours, that you have paid your taxes, and that there are no liens that could interfere with the sale.
Warranty Information
Any appliances that are included with the sale of your home will also be covered by the home warranty.
Paperwork After An Offer
Purchase Offer
In a purchase offer, the terms and framework of the transaction are outlined. Your buyer’s intent to buy is expressed in this document. As new information about the property becomes available, the terms of the purchase agreement may change.
Appraisal
An appraisal will be needed if your buyer is working with a lender to purchase your home. If the appraised value of the house is lower than what the buyer is offering, you may have to negotiate with their bank, or the sale may fall through. (With a direct sale to MCB Homes Inc., you will not have to worry about an appraisal or the deal falling through.)
Inspection Report
An inspection report will reveal if the property has structural problems, infestations, or other problems that need to be addressed. The buyer may ask you to make repairs if there are problems with the house not mentioned in the disclosures.
Purchase Agreement
The purchase agreement is the final contract to purchase the home. All aspects of the transaction are included and all participants are protected. You will be able to see what is to be paid, what is owed, and the timeline for the sale.
Deed
When a home is sold, the deed serves as the final document. Ownership is legally transferred from one person to another. As soon as possible, the deed should be filed and recorded.
Leave The Paperwork To Us Instead!
To sell your house traditionally in California, you will need paperwork such as what is mentioned above. Therefore, all paperwork related to the sale of your house to MCB Homes Inc. will be handled for you! There will be no need to wonder if you have the right document, if it was filed with the right person, or if you filled it out correctly. In addition to being experienced buyers, we ensure that everything is handled legally and timely. Let us make you a great offer on your house in California if you’re ready to sell! We will handle all of the details to ensure that the sale goes smoothly!
All of the information contained in this article applies to many areas throughout Northern California such as Lodi, Turlock, Modesto, and Stockton.Ready to sell your house in California? Learn about the paperwork you will need to facilitate the process! Reach out to us today to learn more! (209) 400-6500